Scenario In quantitative trading and quantitative research, candidates are frequently evaluated on probability modeling, specifically regarding Conditioning / Independence.
Your Task
A family has two children. Assume each child is equally likely to be a boy or a girl (), and equally likely to be born on any of the 7 days of the week, independently. You are informed that at least one child is a boy born on a Tuesday. What is the conditional probability that both children are boys?
Constraints